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In particular, the volume of health data from wearables, implantables, and other decentralized technologies is growing by 48% annually, according to a recent report from the Swiss Re Institute. Fitness collaborations with YMCAs and connected gyms that can scale exercise to us in our hands and homes.
Those “waves of demand” TripleTree described will impact every segment of care delivery and sponsor, including small to mid-sized physician practices, employers, behavioral/mental health, public/government-sponsored healthcare programs, and the pharma and lifescience industry.
Spending on connectedhealth monitoring devices in the U.S. the CTA forecast saw a 73% increase in connectedhealth device spending in 2020, and expects 34% growth in 2021. By 2023, connectedhealth monitoring revenue will exceed $1 billion – akin to a blockbuster drug. For the U.S.,
.” This is akin to our pointing out over the past years that every company is a health company. This graphic illustrates that about one-half of companies listed on the S&P have a direct impact on people’s health: think pharma, lifesciences, medical technology, health insurance, food, and transportation.
In October 2021, the Consumer Technology Association (CTA) announced that Robert Ford, CEO and President of Abbott, would give a keynote speech at CES 2022, the world’s largest annual convention of the technology industry.
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.” I was particularly keen to dig into this study based on its sponsoring organization: JLL is a real estate services company serving over a dozen vertical markets — including healthcare, lifesciences, senior housing, and retail, among other industry sectors.
Quincy, family and friends take on good health behaviors that create a flywheel virtuous cycle of others’ behaving well, with low levels of smoking, binge drinking, and other negative lifestyles. Health equity is prioritized in Quincy’s community as a community investment.
The proliferation and evolution of digital technologies in healthcare have the potential to do good or harm, depending on their application. “Do no harm” has been the professional and ethical mantra of physicians since the Hippocratic Oath was first uttered by medical students.
Next, Andy unpacked generative AI for care management, call center support, and lifescience research – all valuable for improving workflows that ultimately improve patient care. Read more… Generative AI in Your Desk Drawer: A Wealth of Additional Uses.
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For many years, I’ve advocated for siloes to break down so that these organizations, all of which have mission statements that speak to benefit patient care and health outcomes, to more effective reach those Holy Grails.
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AI embedded into various workflows could address this epidemic which could have positive effects on the other four elements – enhancing the care experience, advancing health equity, improving population health, and lowering per capita costs.
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